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Would-be borrowers could be another $150B in business

With the big drop off in refinancing, lenders are beginning to realize there is a whole world of would-be borrowers who have been unable to find financing for their deals — business they can address to offset lost production.And that could mean more business for the real estate professionals who serve those borrowers. ‘The game […]

How to rethink the lead lifecycle

What if there was a magic equation that could tell you what each client was really worth to your real estate business? Would it change: How you market yourself? How you handle that first conversation? How you handle the follow up? That’s what Billy Ekofo, Director of Leads Management at Century21 Redwood Realty, wants you […]

Agent fined $5K by Minnesota Department of Commerce for alleged title company ties

Have you ever crashed on the hotel-room couch of a title agent or lender friend — and did you know that it could potentially get you into trouble?Minnesota real estate agent Brandon Doyle was recently fined $5,000 by the Department of Commerce (DOC) for allegedly receiving “things of value” in exchange for referrals to a title […]

Voodoo Agent: How to avoid being a secret agent in your business

If the idea of promoting yourself doesn’t sit well with you, and you’re a real estate agent, you’ve made a huge vocational error. You simply can’t be a successful agent without letting people know what you do. The key to promoting yourself is consistency. Focus on consistency and then quality. Don’t get so caught up […]

Listing Bits: The MLS then, now and in the future

Reposted with permission from Greg Robertson. Rebecca Jensen is busy. She is the President and CEO of Midwest Real Estate Data LLC (MRED), the real estate data distributor for the greater Chicago area. She also serves on the boards of Broker Public Portal (BPP), a national consumer-facing property search experience powered by MLS data, and […]

A tale of two housing markets

This week the National Association of Realtors announced February sales of existing homes had fallen 3.7 percent from January, based on an estimated, seasonally adjusted and annualized 5.48 million homes, the decline attributed to a shortage of homes for sale.Source: NARBlah, blah, blah. That could be the first paragraph of any national housing report in […]

Daily market update: March 24, 2017

We’ll add more market news briefs throughout the day. Check back to read the latest. ATTOM Data Solutions’ Q1 2017 Single Family Rental Market report: Counties in Georgia, Maryland, Pennsylvania post highest single family rental returns Among 40 counties with a population of at least 1 million people, those with the highest gross rental yields were […]

Relationships and tech: Why you can’t do business without both

If you are like me, you wake up each morning, open up your laptop, check social media and scour the internet for the latest trends in digital marketing. As real estate agents, marketing ourselves is what we do best. Our goal is to stay on top of every trend with hopes that we are one […]

What kind of financing is available for flippers?

In this video, Peter Lorimer of PLG Estates discusses the various options of financing for flippers and how they work. Source: click here

Will trended credit data result in more mortgage approvals?

With foreclosures at a 10-year low, a good case can be made to take a look at strict lending standards that may be doing more harm than good. For example, during the period immediately following the housing bust, from 2009 to 2014, 5.2 million mortgages that would have passed muster under cautious lending standards in place […]

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